Anthem Inc Unusual Bullish Options Activity Means Profits for Traders

 Anthem Inc Unusual Bullish Options Activity Means Profits for Traders

In today’s session Anthem Inc (ANTM) registered an unusually high (276) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious ANTM increase. With 276 contracts traded and 4124 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: ANTM161216C00130000 closed last at: $0.85 or 50.6% down. About 749,962 shares traded hands. Anthem Inc (NYSE:ANTM) has declined 16.78% since April 5, 2016 and is downtrending. It has underperformed by 18.73% the S&P500.

Anthem Inc (NYSE:ANTM) Ratings Coverage

Out of 14 analysts covering Anthem Inc (NYSE:ANTM), 6 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 43% are positive. $224 is the highest target while $133 is the lowest. The $165.20 average target is 33.84% above today’s ($123.43) stock price. Anthem Inc has been the topic of 22 analyst reports since July 27, 2015 according to StockzIntelligence Inc. On Monday, July 27 the stock rating was upgraded by Sterne Agee CRT to “Buy”. The firm earned “Outperform” rating on Thursday, June 16 by Bernstein. On Wednesday, September 16 the stock rating was initiated by JP Morgan with “Overweight”. The stock of Anthem Inc (NYSE:ANTM) has “Neutral” rating given on Tuesday, May 24 by Sterne Agee CRT. Leerink Swann maintained the shares of ANTM in a report on Monday, April 4 with “Outperform” rating. The stock of Anthem Inc (NYSE:ANTM) earned “Outperform” rating by Oppenheimer on Thursday, July 30. Jefferies maintained the stock with “Buy” rating in Friday, January 8 report. Evercore initiated Anthem Inc (NYSE:ANTM) on Friday, September 23 with “Hold” rating. The rating was upgraded by Goldman Sachs on Wednesday, January 20 to “Buy”. RBC Capital Markets maintained Anthem Inc (NYSE:ANTM) on Thursday, January 28 with “Outperform” rating.

According to Zacks Investment Research, “Anthem Inc. is a health care company. The company provides medical products, through its subsidiaries. It operates through Commercial, Consumer and Other segments. The Company offers managed care plans to the large and small employer, individual, Medicaid and senior markets. Anthem, Inc., formerly known as WellPoint, Inc., is headquartered in Indianapolis, Indiana.”

Anthem, Inc. is a health benefit company. The company has a market cap of $32.48 billion. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. It has a 14.28 P/E ratio. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other.

ANTM Company Profile

Anthem, Inc., incorporated on July 17, 2001, is a health benefit company. The Firm offers a range of network managed care plans to large and small employer, individual, Medicaid and Medicare markets. The Firm has three divisions: Commercial and Specialty Business, Government Business and Other. The Company’s Commercial and Specialty Business, and Government Business divisions offer managed care products, including preferred well-known provider organizations (PPOs), health maintenance organizations (HMOs), traditional indemnity benefits and point-of-service (POS) plans, as well as various hybrid benefit plans, including consumer-driven health plans (CDHPs), hospital only and limited benefit products. In addition, the Company also provides an array of managed care services to self-funded customers, including claims processing, underwriting, stop loss insurance, actuarial services, well-known provider network access, medical cost management, disease management, wellness programs and other administrative services. The Firm provides an array of specialty and other insurance services and products, such as dental, vision, life and disability insurance benefits, radiology benefit management and analytics-driven personal healthcare. The Firm also provides services to the federal government in connection with the Federal Employee Program (FEP).

Another recent and important Anthem Inc (NYSE:ANTM) news was published by Bloomberg.com which published an article titled: “Anthem Threatens Obamacare Retreat If Results Don’t Improve” on November 02, 2016.

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